ATEX Resources Ups Its Financing Deal to C$96 Million For Growth

Author: Dylan Bailey Updated: 10-23-2025 09:35 AM

ATEX Resources Expands Financing Deal to C$96 Million

ATEX Resources Inc. (TSXV: ATX; OTCQB: ATXRF) has announced an increase in its previously stated bought deal financing due to overwhelming demand. The new financing structure has reached a total of approximately C$96 million, aiming to support the ongoing exploration and advancement of its Valeriano Project in Chile.

Details of the Financing Structure

The bought deal financing now includes 36,750,000 units offered at a price of C$2.60 per unit. Each unit consists of one common share and one common share purchase warrant. The warrants will be exercisable for a period of four years at a price of C$4.00 per share. This significant capital injection is poised to enhance ATEX's operational capabilities and expedite the project development timeline.

Strategic Use of Proceeds

Proceeds from this financing are earmarked primarily for exploration and development initiatives at the Valeriano Project. This project is strategically positioned within a highly promising mineral belt in the Atacama Region of Chile, known for its substantial copper-gold resources. The funding will enable ATEX to further delineate and enhance the mineral resources, thereby solidifying its competitive edge in the mining sector.

Market Reception and Future Prospects

The positive market reception leading to the financing increase is indicative of investor confidence in the company’s potential. With the closing expected on or about November 6, 2025, and contingent upon receiving regulatory approvals, ATEX is keen to utilize these funds efficiently to expand its operational footprint and enhance shareholder value.

Overview of the Valeriano Project

The Valeriano Copper-Gold Project is strategically relevant due to its location within a region that hosts notable porphyry deposits. The Valeriano Project boasts a significant Indicated Resource of 475 million tonnes at a copper equivalent grade of 0.88%, which highlights its viability and potential for future profitability. This project is a cornerstone of ATEX's strategy, as it seeks to establish a robust and sustainable mining operation.

Contact Information

If you would like more information about ATEX Resources or have any inquiries regarding this financing, please reach out to:

Ben Pullinger,
President and CEO
Email: bpullinger@atexresources.com

Aman Atwal,
Vice President, Business Development and Investor Relations
Email: aatwal@atexresources.com

Contact number: 1-647-398-9405
Explore more at www.atexresources.com.

Frequently Asked Questions

What is the total amount of financing ATEX Resources has raised?

ATEX Resources has raised a total of approximately C$96 million through its bought deal financing.

What will the proceeds be used for?

The proceeds will primarily be allocated for exploration and development of the Valeriano Project as well as for general working capital purposes.

What is included in each unit of the financing?

Each unit consists of one common share and one common share purchase warrant, which can be exercised to acquire one common share at a later date.

When is the expected closing date for the financing?

The financing is expected to close on or about November 6, 2025, subject to regulatory approvals.

What are the key resources of the Valeriano Project?

The Valeriano Project has an Indicated Resource of 475 million tonnes at a copper equivalent grade of 0.88% which indicates its significant mining potential.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

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